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Maruti offers Rs 7,200-24,500 savings on all cars

Barely two weeks after hiking the prices of some of its cars, India's largest carmaker, Maruti Udyog on Monday launched a promotional scheme, which would entail a savings of Rs 7,200 to Rs 24,500 for buyers, on all its vehicles.

The fortnight-long scheme called 'Triple Bonanza' would be offered in the form of Maruti paying the first year insurance on all its models purchased between February 11 and 25.

In addition, the automaker is offering a free personal accident insurance of Rs 250,000 and free air travel insurance of Rs 1 million. A Maruti buyer would also save an additional Rs 1,500 on the premia for these two policies.

When contacted, a Maruti official dismissed reports of a price cut and said that the scheme has been offered in alliance with private insurer Bajaj Allianz to remove pre-Budget uncertainties in the minds of customers.

"We are offering the 'Triple Bonanza' on all Maruti vehicles across the country from February 11 to 25," the official said.

While a buyer of 'Maruti-800 (Standard)' car can save Rs 7,202 on the vehicle insurance premium, he stands to save an additional Rs 1,500 on the premia of the personal accident insurance and air travel insurance, effectively enjoying a savings of Rs 8,702 on the car.

For the premium small car Zen, the customer can enjoy a total benefit of Rs 12,403 while for the mid-size sedan 'Baleno', the savings would be Rs 26,034.

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